Late Annual Tax Filing in Indonesia Will Face Penalties
March 2026 has arrived, and taxpayers holding Indonesian Tax Identification Numbers (NPWP) are required to fulfill their annual tax return (SPT Tahunan) obligations. The Indonesian Directorate General of Taxes (DJP) has opened the filing channel since the beginning of the year, but there are clear deadlines for filing, and late submissions will face penalties. For the 2025 tax year and 2026 filing, the tax authority has set different deadlines based on taxpayer type: the deadline for individual taxpayers is March 31, 2026, while for corporate taxpayers, it is relatively more relaxed, April 30, 2026. The official recommendation is to file as early as possible
Chinese Tire Company Invests in Building Factory in Indonesia
Taiwanese-Funded Sheet Metal Company's Indonesia Production Base to Start Soon
Glodon's Southeast Asia Strategy Upgrade: Full Localization of Software to Meet Indonesia's National Needs
Chinese Goods with Surging Imports to Indonesia in 2025
Chinese Company's Indonesian Subsidiary Potentially Subject to Malicious Bankruptcy Petition
Zanyu Technology recently issued an announcement disclosing that its wholly-owned subsidiary PT Dua Kuda Indonesia (Dukuda) had previously received a "Notice of Bankruptcy Ruling" from the Central Jakarta Commercial Court, which officially declared Dukuda bankrupt. In response, Zanyu Technology immediately stated that the three parties applying for bankruptcy are not genuine creditors, and has reported the suspected offenses of document forgery and perjury to the National Police Criminal Investigation Bureau, and the case has been accepted. The incident originated on November 13, 2025, when Hong Kong Harper Company applied to the Indonesian court to initiate debt repayment suspension (P
Chinese and Korean Companies Jointly Build Battery Recycling System in Indonesia
Hyundai Motor Group and Zhejiang Huayou Recycling Technology Co., Ltd. have officially signed a cooperation agreement to jointly build a complete electric vehicle power battery recycling system in Indonesia. The scope of cooperation covers the recycling, processing, and reuse of battery production waste and retired power batteries, aiming to achieve a full lifecycle resource loop for power batteries from production, use to recycling and regeneration. According to the cooperation agreement, HLI Green Power, a battery company jointly established by Hyundai Motor Group and LG Energy Solution in Indonesia, will stably supply battery waste generated during its production process to Huayou Recycling's local recycling facility
GEM's Indonesia Nickel-Cobalt Project Rectification Completed, Expected to Resume Full Production
In response to the fatal landslide accident at the Morowali Industrial Park (IMIP) in Central Sulawesi Province and the resulting regulatory crisis, GEM recently issued an official clarification statement, confirming that the environmental permit for its Indonesia nickel-cobalt project jointly invested with Tsingshan Holding Group has not been revoked, and all rectification work has been fully completed. The project is expected to resume full production soon, completely eliminating market concerns about a prolonged shutdown. The crisis originated from a landslide accident in February 2026, triggered by heavy rain, which caused a partial collapse of a temporary waste storage facility at PT QMB New Energy.
Prabowo Considers Purchasing Chinese-made Defense Equipment
Indonesian President Prabowo expressed important views on recent international developments and Indonesia's defense policy in an interview with Bloomberg. He stated that he was quite surprised by the attacks launched by the United States and Israel on Iran, and frankly said he could not see any rational or reasonable basis for this military action, believing it has exacerbated regional tensions. In response to external concerns that China might take action on the Taiwan issue by taking advantage of the turmoil in the Middle East, Prabowo downplayed the possibility. He pointed out that the Chinese leaders are currently focused on improving people's livelihoods and will try their best to avoid open conflict, with the likelihood of a major escalation of related tensions being low.
Bank Indonesia Promotes Bilateral Local Currency Settlement Cooperation
The Director of Bank Indonesia's Beijing Representative Office recently actively promoted the China-Indonesia Local Currency Settlement Framework (LCT) at the "Indonesia-China Business Dialogue" event held in Changsha, Hunan Province, China, emphasizing the importance of efficient cross-border financial transactions for the international expansion of enterprises. The event was jointly organized by the Indonesian Embassy in China and the Indonesia Investment Promotion Center (IIPC) Beijing Office, with about 200 Indonesian and Chinese entrepreneurs attending. During the process of international expansion, enterprises often overlook the key factor of cross-border financial transaction efficiency. Efficient financial systems can help enterprises reduce costs, manage risks
Indonesia Cracks Down on Import Under-Invoicing and Tax Evasion, Rectifies Import Violations
The Indonesian government is intensifying efforts to combat under-invoicing in import transactions, which severely erodes national fiscal revenue. The Minister of Finance recently stated at the Coordinating Ministry for Economic Affairs office in Jakarta that tax authorities have discovered multiple companies engaging in under-invoicing and are actively pursuing investigations. He pointed out that import under-invoicing, where companies declare transaction amounts lower than actual prices, leads to a significant reduction in tax revenue that should have been collected. In preliminary random checks, the government found the problem to be widespread: among 10 companies inspected, all were found to have under-invoicing, with very obvious signs of violation. Currently, the Ministry of Finance is still calculating the specific losses caused by such practices to the state, and the final data is expected to be released only after the complete verification is concluded.
Two Chinese Companies Win Bids for Indonesia Waste-to-Energy Projects
At the start of 2026, a bombshell was dropped in Indonesia's environmental protection market. With the official announcement of Indonesia's sovereign wealth fund Danantara, two Chinese environmental protection giants, Wangneng Environment and Weiming Environmental Protection, successfully planted their flags on two difficult sites: Bekasi near Jakarta and Bali. This is not only a major breakthrough for Chinese enterprises going global but also a turning point for Indonesia's waste-to-energy industry from stumbling to sprinting. Today, Manager Wang has compiled a report on Indonesia's waste-to-energy industry to help you understand the wealth logic behind it. First, top-level regulations